Abdullah Al-Othaim Markets Company announced that its CEO Mr. Yousef M.N. Al Gafari has submitted his resignation to the board of directors in its meeting held on December 27, 2016, due to the personal reasons. The resignation has been approved by the board of directors in its meeting held on December 27, 2016 and to be effective from December 27, 2016, and with continuity of his membership in the board of director as none executive member. Also, the board of director in its meeting held on December 27, 2016 has appointed Mr. Abdulaziz A.S. Alothaim, (executive board member) as CEO of the company effective from December 27, 2016. Mr. Abdulaziz owns a wide experience in the company's business and operations, and a board member in many companies.